May 17, 2020
Pradip Kumar Das(Pradip Das takes over as new IREDA boss) has assumed charge as the new Chairman & Managing Director (CMD) of Indian Renewable Energy Development Agency Ltd (IREDA) on May 6.
Prior to joining IREDA, he was serving at the Indian Tourism Development Corporation Ltd (ITDC) as Director (Finance) and Chief Finance Officer (CFO). Das(Pradip Das takes over as new IREDA boss) is having a vast experience in the finance sector.
While working with REC, BHEL, NPCIL, BHFV, KPL etc. in different capacities, he(Pradip Das takes over as new IREDA boss) contributed extensively in the formulation and implementation of various systems, new and innovative products, policies, business process re-engineering, etc.
He is a Fellow Member of the Institute of Cost Accountants of India and Associate Member of the Institute of Company Secretaries of India. He is also possessing Post-Graduate Diploma in Management from Xavier Institute of Management, Bhubaneshwar.
Under his leadership, ITDC became the only PSU under the aegis of the Ministry of Tourism trading under the trade-for-trade segment on the NSE.
He(Pradip Das takes over as new IREDA boss) was actively involved in the financial management of ITDC including optimum utilization of funds, investment decision and adherence to sound corporate governance practices with a view to improving the profitability of the organization on a continuous basis.
He was an important member of Inter-Ministerial Group of the Government of India for disinvestment/divestment of Hotel properties of ITDC and its subsidiaries and successfully divested several properties during his tenure.
In his first address to officials of IREDA, Das said, “IREDA is fully committed to building Energy Security in India through renewable sources. Being a Non-Banking Financial Company (NBFC) and enjoying a unique position in the RE sector, IREDA has been regularly introducing new and innovative financial products.”
He further, stressed upon the fact that being in the service industry, the most important resource i.e. manpower of the organization which needs to be taken care well and the objective of fulfilling the interest of various stakeholders in the renewable energy sector to be on top priority. Das hails from Ranpur and studied in Sribanta High School, Jajpur district, Odisha.
After schooling, he went for higher education and did B Com (Hons) from the University of Kolkata apart from the professional courses of his Cost Accountancy, Company Secretaries and Post Graduate Diploma from XIMB.
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